On March 15, 2019, the National People’s Congress of the PRC (the “NPC”) approved the Foreign Investment Law of the PRC (the “FIL”) at the closing meeting of the second session of the 13th NPC, which will come into force on January 1, 2020 (the “FIL Effective Date”).
Continue Reading Into A New Era: Changes and Challenges in the Legal Regime for Foreign Investment in China